Monthly Archives: January 2020

Ukraine to Block Crypto Wallets for Illicit Funds, Finance Minister Says

Oksana Markarova, Ukraine’s Finance Minister, names the local authority that will be able to track the sources of origin of crypto funds. Ukrainian authorities will be able to “block crypto wallets” in order to seize illegally obtained assets, a notice on the country’s Ministry of Finance says. Oksana Markarova, Ukraine’s Finance Minister, reportedly said that the State Financial Monitoring Service of Ukraine (SFMS) will be the responsible authority for tracking the sources of origin of the funds on citizens’ crypto wallets. Authorities use an analytical product scanning […]

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Travel Platform Travala Expands Payment Options With XEM

Travala, a service that lets its users pay for hotel stays with digital currency, has expanded its crypto payment options by adding support of XEM tokens. Travala, a service that lets its users pay for hotel stays with digital currency, has expanded its crypto payment options by adding support of NEM (XEM) tokens. The NEM Foundation and Travala.com announced the integration of XEM with the travel company’s platform, according to a blog post published by Travala on Jan. 22. As such, XEM joined over 20 other digital […]

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Elon Musk Reveals His True Opinion on Bitcoin and Crypto

Elon Musk finally revealed his nuanced stance on cryptocurrencies, saying that they could be a valid replacement to cash and its usage in illegal transactions. After a long and cryptic series of tweets on Bitcoin (BTC), SpaceX and Tesla CEO Elon Musk elaborated his stance on cryptocurrencies in a Jan. 20 podcast. Noting that he’s “neither here nor there on Bitcoin,” Musk focused on its use for illegal transactions. The billionaire has recently been in the spotlight for several short and cryptic tweets related to cryptocurrency. On […]

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Trump ‘Loves’ Negative Rates and ‘Could Get Used to’ Them, Criticizes Fed at World Economic Forum, China Trade Deal

U.S. President Donald Trump spoke at the World Economic Forum in Davos, Switzerland Tuesday saying the U.S. and other nations are “forced to compete … with nations that are getting negative rates, something very new.” Trump took direct shots at the U.S. Federal Reserve, claiming they’ve not lowered rates quickly enough. The harsh words echo remarks made just last week during the “phase-one” China trade deal signing ceremony, where the president stated he doesn’t know “where the hell it leads” but that negative interest rates such as […]

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Exchanges Hold More Bitcoin Than Ever as Coinbase Wallet Nears 1M BTC

Coinbase is by far the biggest exchange hoarder of Bitcoin, with second place Binance having holdings totaling only around 250,000 coins. United States cryptocurrency exchange Coinbase will soon hold a million Bitcoins (BTC) in its cold wallets in a controversial first for the industry. According to data from news and information resource Longhash released on Jan. 23, Coinbase’s cold wallets contained around 970,000 BTC ($8 billion) as of Jan. 1. Coinbase weeks away from 1 million BTC If current growth continues, the company will reach the 1,000,000 […]

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Hawaii Introduces Bill Authorizing Banks to Offer Crypto Custody

Hawaii senators have introduced a bill authorizing banks to offer custody services to digital asset classes. The Hawaii State Senate has passed the first reading of a bill authorizing banks to hold digital assets in their custody. The bill was introduced on Jan. 17 by five state senators, including the only Republican member of the Senate, Kurt Fevella. It passed the first reading on Jan. 21 and was then referred to the committees on Judiciary and Commerce, and Consumer Protection and Health on Jan. 23. The bill […]

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WEF Unveils Global Governance Consortium for Digital Currencies

The World Economic Forum has created what it claims is the first ever global consortium dedicated to designing a framework for the global governance of digital currencies. The World Economic Forum (WEF) has created what it claims is the first ever global consortium dedicated to designing a framework for the transnational governance of digital currencies, including stablecoins. A press release shared with Cointelegraph on Jan. 24 reveals that the newly-formed Global Consortium for Digital Currency Governance will focus on the development of interoperable, transparent and inclusive policy […]

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Tether Gold: Incredible Or Terrible? | Crypto Price Panic | Much More Daily Cryptocurrency News!

😀 ð�™�ð�™�ð�™–ð�™£ð�™  ð�™”ð�™¤ð�™ª ð�™�ð�™¤ð�™§ ð�™’ð�™–ð�™©ð�™˜ð�™�ð�™žð�™£ð�™œ! 🚩 Remember to subscribe and hit the bell “🔔” icon, so you don’t miss your daily cryptocurrency news! Become A Patron! â­� On Patreon – https://goo.gl/vpX5sW â­� On YouTube – https://bit.ly/2I4omX2 👉 Need help with cryptocurrency taxes? Receive a 10% discount off all TaxBit plans using this link: http://taxbit.com/invite/crypt0?fp_ref=crypt0 -~-~~-~~~-~~-~- ð�˜žð�˜¦ ð�˜¥ð�˜° ð�˜°ð�˜¶ð�˜³ ð�˜£ð�˜¦ð�˜´ð�˜µ ð�˜µð�˜° ð�˜®ð�˜ªð�˜¯ð�˜ªð�˜®ð�˜ªð�˜»ð�˜¦ ð�˜¢ð�˜¥ð�˜´, ð�˜¢ð�˜¯ð�˜¥ ð�˜¦ð�˜­ð�˜ªð�˜®ð�˜ªð�˜¯ð�˜¢ð�˜µð�˜¦ ð�˜´ð�˜±ð�˜°ð�˜¯ð�˜´ð�˜°ð�˜³ð�˜´ð�˜©ð�˜ªð�˜±ð�˜´ ð�˜°ð�˜¯ ð�˜µð�˜©ð�˜ªð�˜´ ð�˜¤ð�˜©ð�˜¢ð�˜¯ð�˜¯ð�˜¦ð�˜­, ð�˜´ð�˜° ð�˜µð�˜©ð�˜¢ð�˜µ ð�˜ºð�˜°ð�˜¶ ð�˜¤ð�˜¢ð�˜¯ ð�˜³ð�˜¦ð�˜­ð�˜º ð�˜°ð�˜¯ ð�˜µð�˜©ð�˜¦ ð�˜ªð�˜¯ð�˜§ð�˜°ð�˜³ð�˜®ð�˜¢ð�˜µð�˜ªð�˜°ð�˜¯ ð�˜ºð�˜°ð�˜¶ ð�˜¨ð�˜¦ð�˜µ ð�˜©ð�˜¦ð�˜³ð�˜¦. ð�˜�ð�˜§ ð�˜ºð�˜°ð�˜¶’ð�˜¥ ð�˜­ð�˜ªð�˜¬ð�˜¦ ð�˜µð�˜° ð�˜´ð�˜¶ð�˜±ð�˜±ð�˜°ð�˜³ð�˜µ ð�˜µð�˜©ð�˜ªð�˜´ ð�˜¦ð�˜¯ð�˜¥ð�˜¦ð�˜¢ð�˜·ð�˜°ð�˜³: â­� […]

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Tether Launches Gold-Backed Stablecoin and Begins Trading on Bitfinex

Tether is now offering a gold-backed stablecoin, XAUT, which represents ownership of one troy ounce of gold held in a Swiss vault controlled by the company. Tether is now supporting a gold-backed stablecoin, Tether Gold (XAU₮), according to a Jan. 23 press release. One token represents ownership of one troy fine ounce of physical gold, currently worth approximately $1,550. The new product is available as an ERC-20 token on the Ethereum blockchain, as well as a TRC20 token on Tron (TRX). The funds are said to be […]

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Week Two of RBI Vs. Crypto at the Supreme Court of India

The Supreme Court of India has this listened to further hearings in the landmark case against the central bank’s ban on banks’ dealings with crypto-related businesses. The Supreme Court of India has this week listened to further hearings in the landmark case against the Reserve Bank of India’s ban on banks’ dealings with crypto-related businesses. On Jan. 22 and Jan. 23, proceedings continued with arguments presented by Ashim Sood, the legal counsel for the Internet & Mobile Association of India (IAMAI).  In the wake of both public […]

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